FIRST CLASS FOUNDATION
Registered charity 1183050 · accounts filings on the Charity Commission register
First Class Foundation A charity that supports young people aged BAME 13-25 from the west midlands to tackle youth violence and build mental health resilience & connect them to their purpose by exposing them to new opportunities.We are passionate about challenging the over representation and under representation of BAME young people in key sectors.
Causes: General Charitable Purposes · Recreation · website · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that the charity reported a total surplus of -£47,951 for the year ended 31 October 2024, resulting in unrestricted reserves of £231,457. The trustees confirm the charity is financially sound and will continue to operate as a going concern for the next 12 months.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: three months of unrestricted charitable expenditure (held: £231k)
“The Trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Payment to trustee-connected business
“During the year, gross wages of £41,545.44 were paid to Sabrina Dennis, the spouse of Nathan Dennis (chairman). No other trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year therefore there were no other related party transactions to disclose.”
Per its FY2024 accounts as filed with the Charity Commission.
Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.
Public profiles (found on the charity’s own website): facebook · instagram
Structured financials (annual return, FY ending 31/10/2023)
Reported reserves equal ~7.6 months of spending — above the median for charities its size (median 7.0 months; benchmarks).
Per its annual return, largest income source: Charitable activities (96% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (2.9%) (benchmarks).
Trustee list from the Charity Commission register (current, not historical).
Operates in: Throughout England
Income and spending
Common questions
Is FIRST CLASS FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a total surplus of -£47,951 for the year ended 31 October 2024, resulting in unrestricted reserves of £231,457. The trustees confirm the charity is financially sound and will continue to operate as a going concern for the next 12 months. Its FY2024 accounts were independently examined.
Who funds FIRST CLASS FOUNDATION?
Funders whose own accounts filings name FIRST CLASS FOUNDATION as a grant recipient include THE EQUITIX FOUNDATION.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with TEACH FIRST.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.